Exhibit 99 Investors and Media: Chris Oltmann (818) 532-3708 Velocity Financial, Inc. Reports Fourth Quarter and Full-Year 2023 Results Fourth Quarter Highlights: • Net income of $17.4 million, up 105.1$8.5 million for 4Q22. Diluted EPS of $0.50, up$0.25 from $0.25 per share for 4Q22 • Core net income(1) of$16.2 million, up 77.2% from $9.1 million for 4Q22. Core diluted EPS(1) of$0.46, up $0.19 from$0.27 per share for 4Q22 • Loan production of $352.1 million in UPB, a 21.2% increase from 3Q23 and ...